5111 50b Avenue, Sylvan Lake, Alberta T4S 1G6

MLS® # A2090552

$295,000

Property Size 551
Bedrooms 2
Bathrooms 1
Year Built 1930
Garages 6

Description

DEVELOPERS DREAM! Three oversized lots available a block from the beach with 165 feet of total frontage and 130 feet deep. Zoned W-DC with multiple development options. There are plans for a 4-6 story commercial/multifamily building with underground parking to consider, or build a row of 7 townhomes with detached garages and roof top patios to enjoy that view. Or bring your own plans with your vision in mind. Amazing Air BnB potential. The location is fantastic only one block from the redeveloped Marina Park and Lighthouse and steps to restaurants, shopping, the main beach, water park, golfing, schools, and so much more that Sylvan has to offer! Amazing views of the lake and the beautiful Sylvan Lake sunsets. Great access for swimming, boating, and enjoying the lake. Tenants are currently renting out 5111 & 5107 50B Ave until you are ready to build. The investment potential is extraordinary in this year round lake community. Build and sell, keep in your portfolio with monthly renters, or provide short term rentals...there are so many choices! This property must be purchased in conjunction with MLS A2090546 and A2090544. (id:53676)

PROPERTY FEATURES

  • MLS® Number A2090552
  • Price $295,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Square Footage: 551 sqft
  • Property Type: House
  • Community Name: Downtown
  • Amenities Near By Golf Course, Park, Playground, Schools, Shopping, Water Nearby
  • Community Features Golf Course Development, Lake Privileges, Fishing
  • Features See Remarks, Level
  • Parking Space Total 6
  • Plan 3558q
  • View Type View

Buildings

Bathroom Total 1 Bedrooms Above Ground 2
Bedrooms Total 2 Appliances Refrigerator, Stove
Architectural Style Bungalow Basement Type See Remarks
Constructed Date 1930 Construction Style Attachment Detached
Cooling Type None Flooring Type Other
Foundation Type See Remarks Heating Type Forced Air
Stories Total 1 Size Interior 551 Sqft
Total Finished Area 551 Sqft Type House

Parking

Parking Pad

Land

Acreage No Fence Type Not Fenced
Land Amenities Golf Course, Park, Playground, Schools, Shopping, Water Nearby Landscape Features Landscaped, Lawn
Size Depth 39.62 M Size Frontage 15.24 M
Size Irregular 6500.00 Size Total 6500 Sqft|4,051 - 7,250 Sqft
Size Total Text 6500 Sqft|4,051 - 7,250 Sqft Zoning Description W-dc

Rooms

Level Type Dimensions
Main Level Bedroom 9.00 Ft x 9.00 Ft
Main Level 3pc Bathroom Measurements not available
Main Level Bedroom 6.00 Ft x 10.00 Ft

BROKERAGE

  • Office: RE/MAX Real Estate Central Alberta - Sylvan Lake

Start Your Mortgage Application

Schedule a Tour

Scroll to Top